Tax Attorney Overview
A tax attorney is required to have a Juris Doctor (J.D.) degree, but make sure they also have a Master of Law degree that specializes in taxation, also known as an LL.M. They must also be admitted to the local state bar.
Tax attorneys shouldn’t only be used when facing an IRS audit or other complications with the IRS, but they are often times the most appropriate person to hire for other issues as well.
When you need a trust or will you should look for an estate planning attorney that is also a tax attorney. They are more knowledgeable on ways to offer better tax treatment for your estates and also protect your heirs.
If you own a small business you should strongly consider hiring a tax attorney in place of your current accountant for tax advice. The intricacies of tax codes change every year and while you accountant might not be aware of said changes a tax attorney remains current on such issues.
Equally important for any small or large business in which you have employees is the need for a tax attorney which can have greater insight for you when it comes to paying contractors and employees.
Now it comes back to the IRS. If you are involved in a dispute with the IRS then a tax relief attorney will be the best person to argue your case. A tax attorney may be able to negotiate IRS settlements, have liens removed or even argue your case in the U.S. Tax Court.
We all know that lawyers are a dime a dozen, finding a good one on the other hand is a little more difficult. So when looking for a tax lawyer refer to the following list.
Qualifications for a tax attorney:
LL.M degree is a must
Check which fields they are specialized in
Check their personal experience in cases such as your own
Member of State Bar
How much do they charge?
Interview as many tax accountants as it takes until you find the one most qualified to handle your particular case.
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